Fed seeks to boost market making with Volcker rule overhaul

The US Federal Reserve Board has put forward a sweeping set of proposals to soften restrictions on proprietary trading under the Volcker rule, in a move that could free up banks to pursue more transactions related to underwriting and market making.

By Tyler Davies

31 May 2018

The Volcker rule, enacted in 2013, is part of the Dodd-Frank Act that was passed in 2010 with a view to reducing risks in the US banking sector following the global financial crisis.

Wall Street has long been critical of this section of US banking regulation, which restricted
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